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this is a picture of ntsb as they are investigating. the batteries provided bay japanese firm. they are also assisting in the investigation. i don't think everybody fully understands what we are talking about the complexity of the supply chain when it comes to manufacturing the dream liner. there are kparparts and compone worldwide and they come either in the puj tpuget sound area or in north carolina. a note this morning from sg collin and company saying the jal 787 flight was aborted yesterday because of 40-gallon fuel leak ultimately took off four hours later without incident. this suggested the leak was from faulty maintenance and nothing else. as a result, that note, there are other bullish comments on wall street. what we see from boeing shares today a nice snap back up roughly 3%. down just 1.6% since monday. tyler, this story, again, a lot of headline risk in there. and sue what we hear from beauing is they are comfortable with what they see from the dream liner, still investigating the fire but over all with reliability of the plane at this stage of manufacturing. sue?
this is a picture of ntsb as they are investigating. the batteries provided bay japanese firm. they are also assisting in the investigation. i don't think everybody fully understands what we are talking about the complexity of the supply chain when it comes to manufacturing the dream liner. there are kparparts and compone worldwide and they come either in the puj tpuget sound area or in north carolina. a note this morning from sg collin and company saying the jal 787 flight was aborted...
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Jan 8, 2013
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ntsb tells me they expect to have an update on that investigation later today. we were talking with airlines earlier today and they said, listen, dreamliner flights have continued as scheduled. we know there's an issue with the one that was just about to take off from boston. take a look at the number of issues we've seen with the dreamliner over the last month of remember, it was just at the beginning of november that united did the first domestic flight for the dreamliner. highly regarded flight, got a lot of attention. a month later an emergency landing in new orleans after reporting mechanical problems. a few days after that, cutr air had to ground 787 jets due to what they say was a faulty generator. united grounding four due to an electrical planl panel and a fire in boston. there's a lot of headline risk right now. >> they have confirmed it is a 787. i don't know if we still have that live shot available but let's put it up while we talk about this. there you go, logan airport. what do they have to do? they have to do something very quickly. you know this
ntsb tells me they expect to have an update on that investigation later today. we were talking with airlines earlier today and they said, listen, dreamliner flights have continued as scheduled. we know there's an issue with the one that was just about to take off from boston. take a look at the number of issues we've seen with the dreamliner over the last month of remember, it was just at the beginning of november that united did the first domestic flight for the dreamliner. highly regarded...
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Jan 8, 2013
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the ntsb says the battery suffered severe fire damage. by the way, they sent two more investigators there. we have checked with airlines that fly the dreamliner. many say they have checked the battery and the wiring. boeing also issuing a statement today saying with regards to the fire investigation, nothing that we've seen in this case indicates a relationship to any previous 787 power system events, all of those relating to electrical concerns on the dreamliner. meanwhile, like deja vu in boston, a jal dreamliner suffered a fuel leak on the boston runway losing 40 gallons of jet fuel before it returned to the gate. they fix that had fuel leak t.eventually took off n.december the faa ordered dreamliner fuel lines be properly install. one of those stories where there's a lot of headline risk. shares of bothering over the last two days this. stock has been absolutely pummeled. the market cap fall, $2.7 billion, by the way, dropping two bucks today, another 2.5%, so there is a lot of headline risk out there right now when you look at the dr
the ntsb says the battery suffered severe fire damage. by the way, they sent two more investigators there. we have checked with airlines that fly the dreamliner. many say they have checked the battery and the wiring. boeing also issuing a statement today saying with regards to the fire investigation, nothing that we've seen in this case indicates a relationship to any previous 787 power system events, all of those relating to electrical concerns on the dreamliner. meanwhile, like deja vu in...
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. >> we've heard from the ntsb, expecting an update from them. they have at least an initial report regarding the fire investigation of that 77 dreamliner in boston yesterday. the ntsb saying that they have decided they are going to send two more investigators to look at the dreamliner in question and that at least initially taking a look at the fire in question they found severe fire damage to the battery of the auxiliary power unit. remember, the auxiliary power unit is what is used to provide power to an airplane when it is parked on the tarmac, not while it's in flight so the battery unit, severe fire kagge there, and it's pretty clear, scott and maria, that we are going to see more airlines, if they haven't already, they are going to start checking their wiring on the battery unit. i just spoke with the folks out of ana in japan. they have a number of dreamliners, checked theirs overnight at the urging of the ministry of transportation in j.i just talked with united airlines. it has checked the battery power wiring on all of its dreamliners,
. >> we've heard from the ntsb, expecting an update from them. they have at least an initial report regarding the fire investigation of that 77 dreamliner in boston yesterday. the ntsb saying that they have decided they are going to send two more investigators to look at the dreamliner in question and that at least initially taking a look at the fire in question they found severe fire damage to the battery of the auxiliary power unit. remember, the auxiliary power unit is what is used to...
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Jan 9, 2013
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. >> we understand the ntsb plans to spend a week in new york investigating the crash. can you tell us what kinds of things they will be looking for? >> reporter: an entire team actually just walked behind me about 15 minutes ago. there were at least a dozen members of the ntsb and here's what i'm going to assume is going to happen. one, this is a ferry that's been in accidents before according to the coast guard records, at least two accidents before. two, they are always looking for mechanical error or human error so that's the first place they will look. but given that there's a record of accidents with this ferry, it's a very small ferry, a catamaran, i think they are going to look at what the ongoing problem is. frank? >> all right, alison harmelin live in lower manhattan, thank you. >>> a meeting aimed at preventing another mass shooting is under way at the white house. today vice president joe biden's task force is gathering input from gun safety organizations. tomorrow, he will talk to gun owners including a representative from the national rifle association. th
. >> we understand the ntsb plans to spend a week in new york investigating the crash. can you tell us what kinds of things they will be looking for? >> reporter: an entire team actually just walked behind me about 15 minutes ago. there were at least a dozen members of the ntsb and here's what i'm going to assume is going to happen. one, this is a ferry that's been in accidents before according to the coast guard records, at least two accidents before. two, they are always looking...
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. >> this is an investigation with the ntsb going on so stay tuned, so to speak. >> thanks, gentlemen. appreciate it. we'll leave it there and follow this very important story. >> up next, vegas, baby. mobile mania sweeping the consumer electronics show. our tech reporter jon fortt smack dab in the middle of it all. back to sin city live in just a minute. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ office superstore ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. when you spend $50 on hp ink. and you wouldn't have it any other way.e. but your erectile dysfunction - you know, that coul
. >> this is an investigation with the ntsb going on so stay tuned, so to speak. >> thanks, gentlemen. appreciate it. we'll leave it there and follow this very important story. >> up next, vegas, baby. mobile mania sweeping the consumer electronics show. our tech reporter jon fortt smack dab in the middle of it all. back to sin city live in just a minute. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas...
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Jan 9, 2013
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traced to the battery used to start the auxiliary power unit, and that they are cooperating with the ntsb in the investigation of the incident. despite bb&t's downgrade, other analysts say the problems have not discouraged investment in the aircraft manufacturer. "i think they've done a good job of handing it. we have them at 73. they've been as high as 77 as low as in the 60's. that's more within the context of where the profitability of the 787 is." dihora says this year, boeing still intends to double monthly production of the 787 to 10 a month. american airlines' board meets today, and it's reported the topic of a possible merger with u.s. airways is on the agenda. interestly enough, shares of u.s. airways have been climbing higher since last thursday. that's when reuters reports the ceo of amr told employees a decision would be made "in a matter of weeks." american has until march to complete its bankruptcy re-organization plan. aig is considering suing the u.s. government for coming to the rescue. the aig board meets today and will consider joining a $25-billion shareholder lawsuit
traced to the battery used to start the auxiliary power unit, and that they are cooperating with the ntsb in the investigation of the incident. despite bb&t's downgrade, other analysts say the problems have not discouraged investment in the aircraft manufacturer. "i think they've done a good job of handing it. we have them at 73. they've been as high as 77 as low as in the 60's. that's more within the context of where the profitability of the 787 is." dihora says this year, boeing...
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Jan 8, 2013
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don't forget ntsb we expect them to have an initial report regarding that fire sometime this afternoon out of boston. brian, back to you. >> okay. i'll picket up from there. those are a lot of headlines. thanks very much, phil. stick with us. i want to bring in a senior research analyst. he has an outperform rating on boeing. are you thinking of changing that rating? >> no, i think this is a tactical issue. the boston fire issue was really related to an apu, may have been related to the prior electrical systems issues but it's not clear that it is. people are aware of the fuel leak issue. you know, i think these are teething issues, not to minimize them. i think if the ntsb felt that the post fire was a safety of flight issue, they probably would have grounded the fleet. >> what would make you change your rating? what more needs to come out? what new headline needs to come out to make you more concerned about this stock and the company? >> i would say near term i think the stock could be under some pressure. one thing you guys are not talking about, they have a labor negotiation that s
don't forget ntsb we expect them to have an initial report regarding that fire sometime this afternoon out of boston. brian, back to you. >> okay. i'll picket up from there. those are a lot of headlines. thanks very much, phil. stick with us. i want to bring in a senior research analyst. he has an outperform rating on boeing. are you thinking of changing that rating? >> no, i think this is a tactical issue. the boston fire issue was really related to an apu, may have been related to...
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this is what the "wall street journal" is reporting, this is also coming from reute reuters, but the ntsb according to the "wall street journal" is reporting that the japan airlines boeing 78 787 suffered severe damage. liz claman standing by in las vegas for the latest on 50 cent and the power players. how are you doing? liz: we are doing so well, we're iweare in the south hall right . if you look around, this is the area they do a lot of audio. the big crowds everywhere, all different kinds of companies, some very well-known, all day long we are absolutely going to be bringing you the guests, the real entrepreneurial spirit. 1.8 million square feet. a lot of crowds, 3100 exhibitors. we won't know it if it is a record year. 780 wireless companies alone, a huge show, the biggest gathering of technology, entrepreneurs, celebrities of a companies all in the high-tech world which has gotten so big it comes to personal electronics. let's start with the floor show. last friday was a pretty good multiyear rally. what do you make of what is happening today? >> we start the earnings season after
this is what the "wall street journal" is reporting, this is also coming from reute reuters, but the ntsb according to the "wall street journal" is reporting that the japan airlines boeing 78 787 suffered severe damage. liz claman standing by in las vegas for the latest on 50 cent and the power players. how are you doing? liz: we are doing so well, we're iweare in the south hall right . if you look around, this is the area they do a lot of audio. the big crowds everywhere,...
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the ntsb is helping with the investigation. that is the long run, though boeing probably doesn't like it, in the long run it'll spell an additional measure of safety for the plane. additional inspectors are always a good thing. by and large there aren't many federal inspectors on an aircraft. in the long run, it'll be safer. the a-380 in air boss from recent memory, it is hard to know how normal, how normal is it for a new mass produced jet to have these level of problems? >>ity's typical but unfortunately, a lot of them have come in the space of a very new days. on the triple 7, there are problems but unfolded over months. here with the fire it is a dramatic event. this plane does have more fire suppression systems than on older kinds of planes so that's a positive development. but it was just very shocking given so many in a short period of time. >> mary, we have to leave it there. mary, there. a story nearly a year in the making. herb going to take us inside herbalife next. >> tralgd since the summer. what could make the sto
the ntsb is helping with the investigation. that is the long run, though boeing probably doesn't like it, in the long run it'll spell an additional measure of safety for the plane. additional inspectors are always a good thing. by and large there aren't many federal inspectors on an aircraft. in the long run, it'll be safer. the a-380 in air boss from recent memory, it is hard to know how normal, how normal is it for a new mass produced jet to have these level of problems? >>ity's typical...
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Jan 8, 2013
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the ntsb and boeing, a technical team from boeing, they're investigating the fire on the dreamliner. it was found in a compartment with batteries, and electrical components. it's not entirely clear at this point exactly what caused the fire. it is believed that it might have been caused by one of the lithium batteries on the dreamliner. that is an issue, because the dreamliner uses lithium im batteries to power onboard electronics. way back in 2007 the faa issued special rules for the use of lithium im batteries because of the concern of flammability risk involving those batteries. this is the fourth dreamliner incident involving its electronics, or losing power, since december 4th. look at this timeline. back on november 4th, united took its first domestic 787 flight, at the time there had been no reports. a month later, a united flight going to niewark to houston, experienced mechanical problems, reporting a loss of power. cutter airways a few days later had to ground one of its 787 jets for what it said was a faulty generator. the 14th of december, united grounded the second of th
the ntsb and boeing, a technical team from boeing, they're investigating the fire on the dreamliner. it was found in a compartment with batteries, and electrical components. it's not entirely clear at this point exactly what caused the fire. it is believed that it might have been caused by one of the lithium batteries on the dreamliner. that is an issue, because the dreamliner uses lithium im batteries to power onboard electronics. way back in 2007 the faa issued special rules for the use of...
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. >> the ntsb said, this is af plane, feel confident if you are playing it. at the same time, the faa launched a special review looking at reliability and safety of the 787 dreamliner. it'll be run by the faa. but boeing will be assisting in that review and so will some of the suppliers, no doubt, as they look at electronics and use of lithium ion batteries on the dreamliner. remember a lithium ion battery was traced to be the source of the fire of the 787 that caught on fire while parked at a gate in boston on monday. in 2007 the faa made special rules for the use of lithium ion batteries on airplanes because of flammability can concerns. with all of that said, listen to what the head of the faa and secretary of transportation add to say when asked point blank, is it safe to fly the dreamliner. >> there's nothing that data has said that would suggest this airplane is not safe. >> i believe this plane is safe and i would have absolutely no reservation of boarding one of these planes and taking a flight. these planes are safe tp prs. >> another part of the rev
. >> the ntsb said, this is af plane, feel confident if you are playing it. at the same time, the faa launched a special review looking at reliability and safety of the 787 dreamliner. it'll be run by the faa. but boeing will be assisting in that review and so will some of the suppliers, no doubt, as they look at electronics and use of lithium ion batteries on the dreamliner. remember a lithium ion battery was traced to be the source of the fire of the 787 that caught on fire while parked...
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today investigators of the faa and the ntsb were on the ground there looking at the ama dreamliner that had the emergency landing. meanwhile, japanese investigators, they believe they will have their initial report on the incident next week. they have found similarities between the battery with that dreamliner and the dreamliner that caught on fire in boston. there's the battery. they are taking it from the plane in japan, and as for boeing, and you look at the assembly going on in seattle, as well as down in charleston, south carolina for the dreamliner, boeing says it's not slowing down production at all, but it is also meeting with the faa to start resuming production flight. as they build these, maria, they have to do a flight when they are done building them, before they can deliver them. they can't do that with this grounding, so that's the first step that boeing wants to clear with the faa. this is a story we'll be following all next week. maria? >> amazing. phil, thanks so much. catch phil's unprecedented access to the plane that was supposed to change the way you fly. "dreamlin
today investigators of the faa and the ntsb were on the ground there looking at the ama dreamliner that had the emergency landing. meanwhile, japanese investigators, they believe they will have their initial report on the incident next week. they have found similarities between the battery with that dreamliner and the dreamliner that caught on fire in boston. there's the battery. they are taking it from the plane in japan, and as for boeing, and you look at the assembly going on in seattle, as...
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. >> meanwhile, in japan today, investigators of the ntsb and faa had a chaps to look that 787, the one that had the emergency landing earlier this week. getting back to the secretary of transportation, mandy and brian, there are a boeing working with the faa could come up with something by early next week. communication continues between boeing and faa but we are aways from the faa signing off and insuring batteries on these play planes are safe. >> thank you. see you next week. >> you too. >> are you there god? it's me. ben bernanke. pimco handing down 10 commandments from the fed. we will get divine intervention from pimco. >> an interview with john mcafee. he has a home here in america an he will be here to tell us where he is and what he's been up to. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some
. >> meanwhile, in japan today, investigators of the ntsb and faa had a chaps to look that 787, the one that had the emergency landing earlier this week. getting back to the secretary of transportation, mandy and brian, there are a boeing working with the faa could come up with something by early next week. communication continues between boeing and faa but we are aways from the faa signing off and insuring batteries on these play planes are safe. >> thank you. see you next week....
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the ntsb is now investigating the 787 on the tarmac at logan airport yesterday morning, catching fire, after the plane had landed. the crew and the passengers had all deported. the fire was found in a compartment with batteries and electrical components. and again the passengers and crew were not on board during the fire. but this is the fourth incident since november or since december 4th where we've had a problem with the dreamliner. now remember united had its first domestic 787 flight back on november 4th. just a month later united had a flight from houston to newark, it made an emergency landing in new orleans. after experiencing mechanical problems, a loss of power. qatar air on december 9th said it grounded one of its 737 -- or 787s because of a faulty generator. similar problem, loss of power in flight. and then on december 14th, united grounds two of its four dreamliners due to problems with an electrical panel and then finally, yesterday you have the emergency crews responding to a 787 fire at logan airport. now the dreamliner, and this is of particular concern to people, it
the ntsb is now investigating the 787 on the tarmac at logan airport yesterday morning, catching fire, after the plane had landed. the crew and the passengers had all deported. the fire was found in a compartment with batteries and electrical components. and again the passengers and crew were not on board during the fire. but this is the fourth incident since november or since december 4th where we've had a problem with the dreamliner. now remember united had its first domestic 787 flight back...
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now, as i said, the fire at logan is a unique example and the ntsb is investigating but i think trying to connect this event to other events is pure speculation at this point. we don't have a lot of data. >> have you seen any sign that production might be interrupted, slowed down if, in fact, they have to address the things along the production line? >> none whatsoever. >> because as the journal points out today, you get paid upon delivery and worst-case scenario would begin to avoid cash flow if they were delayed. >> yeah. look, the central bull thesis for boeing shares is about the large amount of cash the company will generate over three or four rates and with the 787 ramping up to very high levels to meet customer demand. if we were to call in to question that cash flow, that weighs against the bull thesis. we don't have any data to suggest that will happen. the planes are still flying and i would say these sorts of teething problems are normal for new planes. we have them on the a-380 and we have to wait and see and we need more data and not calling in to question the long-term fu
now, as i said, the fire at logan is a unique example and the ntsb is investigating but i think trying to connect this event to other events is pure speculation at this point. we don't have a lot of data. >> have you seen any sign that production might be interrupted, slowed down if, in fact, they have to address the things along the production line? >> none whatsoever. >> because as the journal points out today, you get paid upon delivery and worst-case scenario would begin...
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the faa, the ntsb and boeing all sending investigators to japan. as i mentioned with regard to this flight, here's what the ntsb just put out in regards to this emergency landing. it says the crew received multiple messages in the cockpit concerning the battery and systems that were affected. also reported smoke in the cockpit and an odor in the cabin. we've been talking about the lithium ion batteries on the dreamliner. they're made by a company out of japan called gs yuasa. down 9% in the last week. look at that chart. that's the indication the pressure gs yuasa is under as they figure out what's going on with the lithium ion batteries. >> phil lebeau in chicago, thanks so much. >>> the question is, is it time to ground the boeing 787 for good? the vice president of the teal group corporation joins us on the phone. good morning to you. >> good morning. >> should this plane be in commercial service right now in the u.s.? >> right now the regulators are doing their jobs. they're looking at the pattern that has emerged of systemic glitches. right no
the faa, the ntsb and boeing all sending investigators to japan. as i mentioned with regard to this flight, here's what the ntsb just put out in regards to this emergency landing. it says the crew received multiple messages in the cockpit concerning the battery and systems that were affected. also reported smoke in the cockpit and an odor in the cabin. we've been talking about the lithium ion batteries on the dreamliner. they're made by a company out of japan called gs yuasa. down 9% in the...
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as you mentioned, investigators from the faa and ntsb are in japan. we will have more about that in a little bit. mean while, boeing engineers are working on a solution that would allow tlem to slow the faa, listen, we've got this problem under control. it is time to get the dreamliner back in the air. they are meet og an regular basis but there is no timeframe for when they might be able to get the air worthiness redirected. now with regard to the investigators in japan, visiting the ana plane, it's on the tarmac there. they spent today looking at the plane, looking at the battery, and what they are looking for right now are commonalities between this incident in japan and incident in boston. they are also going over data because these planes are constantly giving back data to the airlines as well as to boeing. based on all of that, that is what they will be looking at it see, okay, what went wrong here. what might be the common problem and finally when you look at this battery, keep this in mind. there is so much attention focused on this battery bu
as you mentioned, investigators from the faa and ntsb are in japan. we will have more about that in a little bit. mean while, boeing engineers are working on a solution that would allow tlem to slow the faa, listen, we've got this problem under control. it is time to get the dreamliner back in the air. they are meet og an regular basis but there is no timeframe for when they might be able to get the air worthiness redirected. now with regard to the investigators in japan, visiting the ana...
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the ntsb has joined the coast guard in this investigation. they will inspect the tanker and bridge later this morning. we understand that kleess has hired an attorney. calls had time were not returned. back to you. >> thank you. >>> 8:31. pg&e will be required now to adopt suffer -- toucher safety measures. it's part of a lawsuit settlement of the family that lost two family members in the san bruno pipeline disaster in 2010. jacqueline greg and her 13-year- old daughter, vanessa were killed in the explosion. the chronicle reports the company is required to track the life span of its pipes. the green family will be able to dae manned -- the greg family will be able to demand reports from the company and can talk mediation talks if they are needed. >>> police in the east bay are investigating a deadly confrontation at an apartment complex in pittsburgh. it happened yesterday morning at the villa sereno apartment on east leland road. investigators say the violence began when the homeowner looked through the peephole and saw someone trying to br
the ntsb has joined the coast guard in this investigation. they will inspect the tanker and bridge later this morning. we understand that kleess has hired an attorney. calls had time were not returned. back to you. >> thank you. >>> 8:31. pg&e will be required now to adopt suffer -- toucher safety measures. it's part of a lawsuit settlement of the family that lost two family members in the san bruno pipeline disaster in 2010. jacqueline greg and her 13-year- old daughter,...
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is that what caused the failures and all of this is what ntsb is looking in. >> stan greenhaus. is there a possibility there's something beyond the electronics? >> absolutely. they have not ruled out anything. you're looking at the worst situation for boeing they don't know exactly what the problem is and as long as they don't know exactly what the problem is, it's hard to forecast a solution, path for getting out of this. that is really the worst possible situation for boeing. people would say it would be worse if it had catastrophic failures. i understand what you're saying. if you're a manufacturer, you want center artainty and you're getting certainty with understanding exactly what went wrong. >> wilike a car, it has a fire, you stop and jump out of a car. i feel better with a car with a lithion battery than 40,000 place. you don't want it either place. >> what does he use? >> he uses lithion. >> he says it's a different structure how they set it up. >> they say the 747 had huge growing pains. i wish we could look in the future and look back on this. >> don't forget, jim wi
is that what caused the failures and all of this is what ntsb is looking in. >> stan greenhaus. is there a possibility there's something beyond the electronics? >> absolutely. they have not ruled out anything. you're looking at the worst situation for boeing they don't know exactly what the problem is and as long as they don't know exactly what the problem is, it's hard to forecast a solution, path for getting out of this. that is really the worst possible situation for boeing....
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we're waiting to see the results of the ntsb investigation to make a decision about what it all means. so frankly, we're saying to investors is, look, we can't say with any conviction level that there's a certain entry point where we want to jump in here and buy. what we want is more data. if you own boeing shares here, i think you hang on. i think the long-term outcome of this is that they will sort through the problems. you can see airbus this morning expressing confidence that they think boeing, their competitor will sort through the problems. but right now, you know, you're dealing with emotion and you're dealing with news flow, which is very hard for investors to forecast. >> there but for the grace of god for airbus. they're not going to crash airbus. >> look the safety of all things for airplane manufacturers, the one thing they can all agree within, the one thing they share data on, the one thing they're all committed to is safety. >> if it leaks out of the battery and has a weird smell, it's not a fire. >> yeah, that's really the important thing about what happened yesterday.
we're waiting to see the results of the ntsb investigation to make a decision about what it all means. so frankly, we're saying to investors is, look, we can't say with any conviction level that there's a certain entry point where we want to jump in here and buy. what we want is more data. if you own boeing shares here, i think you hang on. i think the long-term outcome of this is that they will sort through the problems. you can see airbus this morning expressing confidence that they think...
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Jan 11, 2013
01/13
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but we have the faa all over the airplane, the ntsb all over the airplane. i think the risk for the -- i see two camps on this stock. you have the teethers, those who believe everything is a teether problem, and the tip of the icebergers saying could this be something else. i think with this investigation going on and the faa already actively on the airplane, it will be difficult to take event, especially if it's a severe event, and say, this is fine, this is fine. long term they're going to sort it out. i agree with what jim cramer said, i'm in the same camp that said, why not do a derivative play on this story, if you have more risk maybe someone like spirit aero systems. >> at what point do you say this is the point of fear of investors are running? that's the time to get in the stock. we've seen that in different scenarios, that we don't know what we don't know, as you said. that is exactly the time you wanted to go in. what's going to make that turning point for you, do you think? >> well, i have to say, because there's a formal investigation, normally
but we have the faa all over the airplane, the ntsb all over the airplane. i think the risk for the -- i see two camps on this stock. you have the teethers, those who believe everything is a teether problem, and the tip of the icebergers saying could this be something else. i think with this investigation going on and the faa already actively on the airplane, it will be difficult to take event, especially if it's a severe event, and say, this is fine, this is fine. long term they're going to...
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Jan 22, 2013
01/13
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now today the ntsb investigators will be in arizona visiting the secure plane facilities. that is the company that makes the charger for the battery, as they continue to figure out what happened in this case. in both cases if you take a look at shares of boeing which are likely to be under pressure today as it's clear that this investigation is extended, becky and joe, the bottom line is this, you're looking for commonality in the two failed batteries. in one case they say it was overcharged. in another case they're saying it wasn't. that's looking more and more like an indication that they don't know exactly what happened here, and as a result, figuring out a solution is going to take a little longer than originally anticipated. >> phil, we were talking earlier about how the stock has started to break down a little bit out of that trading range where it had been earlier. >> right. and the thing you want to watch, becky, the thing you want to watch is when boeing, if boeing says we have to slow down our production schedule. because that's the key. once that happens, if tha
now today the ntsb investigators will be in arizona visiting the secure plane facilities. that is the company that makes the charger for the battery, as they continue to figure out what happened in this case. in both cases if you take a look at shares of boeing which are likely to be under pressure today as it's clear that this investigation is extended, becky and joe, the bottom line is this, you're looking for commonality in the two failed batteries. in one case they say it was overcharged....